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(Studio) Unemployment drops from 5.1% to 5%. Available construction jobs drop by 70% in April.
REPORTER: Garrick Utley
(Lawton, Virginia) High interest rates cause construction slump. [Home Builders Association Nathaniel H. ROGG - says postwar babies looking for homes now and interest rates make home ownership nearly impossible.] [Home seller Emil KEEN - states many would-be home buyers apprehensive about ability to buy and pay for home.] Govt. agencies to make large sums of money available for mortgages, but it may worsen inflation
REPORTER: Irving R. Levine
- Levine, Irving R.;
- Utley, Garrick
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